SABMiller

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SABMiller is one of the three leading global brewers (alongside Anheuser-Busch and Interbrew). The company was formed in 2002 by the merger of South African Breweries and Miller Brewing.

As brewing is an industry with very large returns to scale, most markets have a profitable dominant brewer, a few marginally profitable secondary brewers, and imports from the dominant brewers in other areas. SABMiller's areas of dominance are Africa, North America and Eastern Europe. However, the company is headquartered in London, England.

SABMiller's biggest brands include:

• Miller
• Castle
• Ursus
• Pilsner Urquell

The company's largest shareholder is Altria Group, which used to own Miller Brewing.

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